The Standard and Poors (S&P) credit agency has confirmed Bulgaria's credit rating as BBB, Finance Minister, Simeon Djankov, informs Monday.
A BBB rating means adequate capacity to meet financial commitments, but more subject to adverse economic conditions.
According to S&P, the cabinet maintains a stable budget macro frame, low budget deficit and low external debt, and there is political consensus to keep these parameters the same, Djankov pointed out.
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WEF: Bulgaria Rises to Spot 70 in Competitiveness List
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Bulgarian Motorcycling Federation 'Sorry' about F1 Blunder
The Bulgarian Motorcycling Federation extended Wednesday apologies to the Economy Ministry and personally to Prime Minister, Boyko Borisov, in connection with the Formula 1 scandal.
In an official le...
Bulgaria Economy Contraction Slows down to 1.4% y/y Q2
Bulgaria's gross domestic product (GDP) shrank 1.4% year-on-year in the second quarter, slightly milder that the 1.5% drop forecast by a flash estimate, the statistics office said on Wednesday.
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Bulgaria Minister ‘Full of Doubts’ over F1 Investor Integrity
Bulgaria’s economy minister has criticized an Abu Dhabi company interested in investing in a Formula 1 racetrack near Sofia after the scandal over the deal tarnished the image of his department.
“The...
Bulgaria Minister 'Full of Doubts' over F1 Investor Integrity
Bulgaria’s economy minister has criticized an Abu Dhabi company interested in investing in a Formula 1 racetrack near Sofia after the scandal over the deal tarnished the image of his department.
“The...
Sofia Unaware of Moscow Wed Meeting over Oil Pipeline
Bulgaria's finance ministry has denied their representatives are expected in Moscow on September 8 for talks on the construction of the Burgas-Alexandroupolis oil pipeline.
“The economic plan for the...
Bulgaria Parliament Mulls 2% Tax on Insurance Premiums
Bulgaria's parliament will debate on Wednesday a bill, which provides for the introduction of a 2% tax on insurance premiums and was moved by the government earlier this year in a bid to boost revenue...
Russian Investment Funds Eye Bulgarian SPA Centers
Russian Investment funds show increased and growing interest in Bulgarian SPA centers both on the Black Sea coast and inside the country.
The information was reported by the Bulgarian National Radio ...
Bulgarian Trains Canceled Because of Strike in Greece
The international trains traveling between Bulgaria and Greece will be canceled on September 8-9 because of a strike in Greece on those dates.
Bulgaria's state railway company BDZ announced that the ...
Bulgarian Minister Woos German Investors in Berlin
Bulgaria's Regional Development Minister Rosen Plevneliev is presenting investment opportunities at a forum in Berlin on Tuesday.
The "economic dialogue" forum "Bulgaria-Germany – New Opportunities f...
Real Estate Prices at Bulgaria's Potential F1 Track Skyrocket
A week after it was announced that Bulgaria might built a Formula 1 circuit, the real estate prices at its future site near Sofia have skyrocketed despite the fact that the initiative has been trouble...
